by Milan Vaishnav, CMT, MSTA | May 6, 2023 | Weekly Market Outlook
In the previous edition of the technical note, it was mentioned about the persistently low levels of INDIAVIX, the volatility gauge, and how it can leave the markets vulnerable to profit-taking bouts. The week that went by saw the first cracks appearing in the...
by Milan Vaishnav, CMT, MSTA | Apr 29, 2023 | Weekly Market Outlook
After taking a short breather last week, the markets resumed their up-move and went on post a decent gain over the past five sessions. In the previous technical notes, concerns have been raised about the persistently declining value of VIX and the consequent...
by Milan Vaishnav, CMT, MSTA | Apr 22, 2023 | Weekly Market Outlook
After ending with gains for three weeks in a row, the markets took a breather this time by ending modestly in the red. In the previous technical note, it was mentioned that the Nifty is not only over-extended on the shorter timeframe charts; the VIX is also hovering...
by Milan Vaishnav, CMT, MSTA | Apr 15, 2023 | Weekly Market Outlook
The Indian equity markets extended their gains for the third week in a row; however, they have ended up getting a bit over-extended on the charts. All four trading sessions in the shortened week ended in gains; in fact, NIFTY has closed with gains for nine sessions in...
by Milan Vaishnav, CMT, MSTA | Apr 8, 2023 | Weekly Market Outlook
In a week that was shortened by Good Friday, the Indian equities extended their gains as they moved above crucial resistance points. The Nifty had a strong and positive previous week but it had halted its up move near important resistance levels. Over the past four...
by Milan Vaishnav, CMT, MSTA | Apr 1, 2023 | Weekly Market Outlook
The markets had a positive weekly closing; despite the truncated week with just four trading sessions, the NIFTY registered decent gains. Over the past many sessions, the markets were unable to take any major directional calls; however, this week saw the markets...
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